European Peripheral Bond Risk Explodes: Forget Brexit, “Now It’s Italy’s Turn”
by Tyler Durden
ZeroHedge.com
Jun 16, 2016
If there was any doubt that Brexit was “relevant” then the surges in European peripheral bond risk, despite massive bond-buying by The ECB, should send shivers up and down the status quo huggers that are shrugging the referendum decision off because “central banks will provide liquidity.” However, it’s not just The UK that EU officials need to worry about, as The Globalist notes, Germany will have to change its policies if it wants to avoid exit of other countries from the eurozone.
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